Advice to invest about crypto currency

[sunsilk]

Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.

This is so true, happened to me and with my friends but sadly I ended up ignoring them because they were the first one to ignore me after witnessing the great bear market of 2018. They hoped that making money with crypto would be easier than I experienced for them.

One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Very well said. There were newbies that are venturing and eyeing for altcoins that does not have a history of good market and volume's quite low. They have that idea that it will skyrocket someday that can make them millionaire if it happens.

[muhhentuhhen]

Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.

This is so true. Some of my friends came in crypto world just because of that and when they didn't make any money or worse, lost it realized its not what they thought.

Actually, it is true that Bitcoin is going to rise and reach hundreds of thousands. But what is really true is that you will have to wait for it for dozens of years. Everything can happen to us during this time. Investing in alts and trading them can bring profit faster.

[Kiefner]

This is the biggest misconception of people who only come in crypto. Because they think crypto is easy to make money with. With crypto you need to be prepared for difficulties.

[pixie85]

This is the biggest misconception of people who only come in crypto. Because they think crypto is easy to make money with. With crypto you need to be prepared for difficulties.

Like with anything in life. Nothing is easy and money don't lay on the street or we'd all be rich. THere's always only a small number of rich people those who are patient and prepared and those who have balls.

Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.

You not only have to start smart with big projects like bitcoin. It's best if you also stay and finish with them. Don't invest in shitcoins it's not worth the risk.

[ioanbtc]

Sometimes you will see price drop and think you not made a good investment and think to sell and most people do this mistake, but if you have enough money and not wait for big profit fast then invest on bitcoin and hold it.

[olamidey]

So much threads in investing in crypto for newbies. Ebythe experienced hands do get burnt in crypto. It's always a three way rule.
Don't invest more than what you can afford to lose.
Never put money on Exchange to avoid loosing funds to hacks
Only invest on tokens you have researched and studied.

[tiedcoin]

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

If you are a beginner, you can read these blogs before you invest.

https://medium.com/@odeskpawan1/want-to-invest-in-cryptocurrency-keep-these-things-in-mind-37907f83b37a

https://medium.com/@odeskpawan1/thinking-of-buying-bitcoin-follow-these-tips-c165ba9165ec

Also, please keep yourself up to date with the crypto world. For this, you can read the daily news or subscribe to a bog.

One such blog is Altcoin Sidekick (https://www.altcoinsidekick.com/)One such blog is Altcoin Sidekick (https://www.altcoinsidekick.com/)

[Austin_Lord]

Research so that they would know what they are investing on and what they are going to get.
Most of the new investor are aiming for the profit while blindly knowing the huge risk of how the market works.
We all know that most of the new investor just think of it as a short cut to be a wealthy person because of the publicity and other news of some unknown person becoming rich or millionaire due to crypto.
And they all think that they could also have the same result while not knowing how hard it was to become successful in crypto and what does those people endure.

Well i agree  with you.. we must do proper research before investing.. ask friends and others who know about crypto..

[Austin_Lord]

Well i personally advise  newbies  to enter bitcoin market after proper research.. without research they dont need to invest.. because bitcoin is not too much secure.. there  will be chances of scams.. so be careful guyzz..

[ethereumhunter]

Research so that they would know what they are investing on and what they are going to get.
Most of the new investor are aiming for the profit while blindly knowing the huge risk of how the market works.
We all know that most of the new investor just think of it as a short cut to be a wealthy person because of the publicity and other news of some unknown person becoming rich or millionaire due to crypto.
And they all think that they could also have the same result while not knowing how hard it was to become successful in crypto and what does those people endure.

Well i agree  with you.. we must do proper research before investing.. ask friends and others who know about crypto..

Don't use big money to invest in cryptocurrency or other things before we learn more details about the investment because that will make us miss the chance to buy at the right price. Make research will always be better because we can find the right time to invest, and we can decide how much money we will use. And don't panic if the price is down but try to do other research so we can know what is going on with the market and we can decide what step we need to do.

[MFahad]

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Whenever people talk about investment then i always say bitcoin is forever best for investment. But investment has a rules, invest your capital when coin has down price and sell it when coin price is up. In this wise, we gain profit. without profit every business is useless. So we do invest to see the principle of investment and search about it then definitely we could get profit in all over altcoin. 

[johncarter123]

The advice I have always given to people interested in investing in crypto currencies for their first time is don’t put in what you are not comfortable losing. And when I say losing, I mean losing all of it as this is well in the realm of possibilities. All it takes is one hack, or one Cryptoexchange to shut down at the wrong time. The two risks with investing in anything are risk of loss of capital and opportunity cost. The risk of loss of capital is greater in cryptocurrencies because of the limited timeframe of their existence, security issues, and a lack of a framework for valuing them. There are some methodologies that have been developed for valuation but they mostly remain rudimentary. With that being said, if you do invest some capital which you are fully willing to lose, there is scope for extraordinary upside which can’t be gained in any other investments.

[ttcsalam]

Before investing, take full sense. Market must be invested then. It is going to be difficult to understand the current market trend. Before investing, you have to invest in understanding.

[izanagi narukami]

You can research but with your own risk because as I know, the value constantly change ( volatile )
Unlike ordinary stock trading, you need extra careful so eventhough if you're using TA , you can't predict what will happen next.

Reading news like stock trading may become the judgment for next act but not in crypto trading !

[yusupjatigumilar]

My advice when you invest in crypto currencies is not to keep all eggs in the same basket, meaning that if you have capital don't just buy one commodity but also buy some other commodities, because when you only store in one commodity and when the price of these commodities experience things that we really don't want, so that all the capital we invest in these commodities will automatically disappear.

[Bunsomjelican]

Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.

This is so true, happened to me and with my friends but sadly I ended up ignoring them because they were the first one to ignore me after witnessing the great bear market of 2018. They hoped that making money with crypto would be easier than I experienced for them.

One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

Very well said. There were newbies that are venturing and eyeing for altcoins that does not have a history of good market and volume's quite low. They have that idea that it will skyrocket someday that can make them millionaire if it happens.

For me crypto is for masses people who are desiring to get bitcoin profit in the future.
due to it could be the way for us to have bitcoin in the near future. This is the truth and real happened actually.
In fact, I've been earned crypto for almost more than 1 year and til now it helped me a lot honestly speaking.

[sysoe]

You are right, most of the people hear about success stories and invest in crypto. No one gets to hear about the failures.

[sunsilk]

For me crypto is for masses people who are desiring to get bitcoin profit in the future.
due to it could be the way for us to have bitcoin in the near future. This is the truth and real happened actually.
In fact, I've been earned crypto for almost more than 1 year and til now it helped me a lot honestly speaking.

Everyone who invested into bitcoin helped a lot, you said that you have been earning crypto for almost a year. What can you even think of those people who bought earlier than you and did held until now?

Their lives were changed for real because that's what we are thinking after we have invested to bitcoin. And before investing, you need to take care of yourself including your emotion so that you won't FOMO and sell at losses.

[BeManga]

It's a very delicate venture investing in cryptocurrency. It's something one should be careful about and make a dedicated effort to research well before going into it. Most people just hear of successes made by others in crypto and because of that, they feel its an easy stuff and just dive into it.
One thing I can say is that cryptocurrency is a business for the strong in heart and determined. Also, patience, much of it is required when treading the part of cryptocurrency. Its best to start small, at least with established projects, Bitcoin and Ethereum before moving to upcoming projects like Veil, Harmony, etc.
Like I earlier said, research is of uttermost importance when choosing to invest in cryptocurrency.

i agree you really need a lot of patience and do a lot of research before investing in crypto

[dmty.0809]

For those who want to invest in cryptocurrency, it can be started by buying bitcoin. Hold one of the strongest coins if you don't want to invest in an altcoin. Because bitcoin won't scam like many coins on the market. That's my suggestion.